Patel retail Limited has submitted its regulatory certificate under SEBI Regulation 74(5) to both BSE and NSE for the fourth quarter and financial year ended March 31, 2026. The filing, dated April 8, 2026, confirms the company's compliance with depositories and participants regulations.

Regulatory Compliance Details

The certificate was issued by Bigshare Services Private Limited with reference number BSS/74(5) dated April 8, 2026. According to SEBI (Depositories and Participants) Regulations, 2018, companies must confirm to depositories that securities have been properly listed and registered within fifteen days of receipt.

Non-Applicability Confirmation

Bigshare Services Private Limited confirmed that SEBI Regulation 74(5) is not applicable to Patel Retail Limited for the quarter ended March 31, 2026. The registrar stated that the entire holding of the company's shares remains in dematerialized form, with no requests received from members for rematerialization or dematerialization during the reporting period.

Stock Exchange Communication

The company filed the certificate with both major stock exchanges where its shares are listed. The communication was addressed to BSE Limited (Scrip Code: 544487) and National Stock Exchange of India Limited (Symbol: PATELRMART). Company Secretary Prasad Ramesh Khopkar digitally signed the filing on April 8, 2026.

Depositories Notification

Copies of the certificate were also sent to the primary depositories in India:

• National Securities Depository Limited (NSDL)
• Central Depositories Securities Limited (CDSL)

This ensures comprehensive regulatory compliance across all relevant market infrastructure institutions. The filing represents routine regulatory compliance for companies with fully dematerialized shareholding structures.

Patel Retail Limited has achieved a significant milestone by opening its 50th Patel's R Mart store in Thakurli, Maharashtra. The company announced this expansion through a press release and regulatory filing under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Store Launch Details

The milestone 50th store opened in Thakurli East, strategically positioned to serve the rapidly growing residential catchment in the Mumbai Metropolitan Region. The outlet operates under the Patel's R Mart brand and offers a comprehensive range of quality essentials, groceries, daily-need products, and household items at competitive price points.

Management Commentary

Commenting on the development, Mr. Dhanji Patel, Chairman & Managing Director of Patel Retail Limited, stated: "The opening of our 50th store marks an important milestone in our growth journey and reflects the trust our customers have placed in us. Thakurli is an emerging residential hub, and this expansion enables us to further strengthen our connect with the community by offering essential products at compelling value."

He added that the company remains focused on expanding its presence across the Mumbai region while continuously enhancing customer experience, improving store productivity, and driving long-term value creation.

Strategic Expansion in MMR

This expansion reinforces Patel Retail's position as a rapidly scaling value retail chain in the Mumbai Metropolitan Region. The company's growth strategy is backed by integrated sourcing, packaging, and distribution capabilities, which drive cost efficiencies and ensure consistent product availability across stores.

Regulatory Compliance

The company fulfilled its disclosure obligations by informing both BSE Limited (Scrip Code: 544487) and National Stock Exchange of India Limited (Symbol: PATELRMART) about the store opening. Company Secretary and Compliance Officer Prasad Ramesh Khopkar signed the regulatory filing, ensuring transparency with stakeholders.

Crossing the 50-store mark represents a significant achievement in the company's growth journey and underscores its strong execution capabilities within the MMR market, supported by its integrated food processing operations and multi-brand portfolio including Indian Chaska, Patel Fresh, and Patel Essential.